Article content A report from PEIâs Auditor General shows that the provinceâs carbon tax program paid back $5 million more than it collected at the pumps in its first year. The provinceâs carbon tax was introduced in April 2019 as a way to encourage more efficient driving practices and rein in vehicle emissions. This report covers the first 12 months of the program and the ways the money was reinvested. We apologize, but this video has failed to load. Try refreshing your browser, or P.E.I. carbon tax pays back more than it costs drivers, report shows Back to video